Windows 7 ATM upgrade will end up costing banks a fortune

Madalina Dinita
by Madalina Dinita
Madalina has been a Windows fan ever since she got her hands on her first Windows XP computer. She is interested in all things technology, especially emerging technologies -- AI and DNA computing in... Read more
Affiliate Disclosure
ATM
To fix various PC problems, we recommend Restoro PC Repair Tool:
This software will repair common computer errors, protect you from file loss, malware, hardware failure and optimize your PC for maximum performance. Fix PC issues and remove viruses now in 3 easy steps:

  1. Download Restoro PC Repair Tool that comes with Patented Technologies (patent available here).
  2. Click Start Scan to find Windows issues that could be causing PC problems.
  3. Click Repair All to fix issues affecting your computer's security and performance
  • Restoro has been downloaded by 0 readers this month.

Microsoft started the year 2020 by ceasing support to one of their most-used OS: Windows 7.

This change has plenty of ramifications, since now day-to-day users, companies and a variety of machinery are now forced to upgrade to Windows 10.

For example, ATM owners have been warned they should upgrade their machines to Windows 10, or they will risk the security of all of their cards and banking transactions. Criminal activity is not on a down-low.

Hackers are constantly updating their tactics, and choosing to keep ATMs with an outdated OS, such as Windows 7 (or even Windows XP) will turn them into sitting ducks.

The costs of maintaining an ATM on Windows 7

Of course, there is always the option of getting the much more expensive Windows 7 Extended Support if they want to continue being safe.

Unfortunately, migrating is easier said than done since the migration process is not that simple. Not only does it take time to complete, but it is also a very costly endeavor.

However, if ATM owners are to choose between two expenses, they should at least go with the lesser one. Direct sources state that:

[…] although Microsoft has announced that extended support will be available for Windows 7, the cost is rumored to be at least $800 per ATM, per year.

Unfortunately, upgrading to Windows 10 won’t be cheap either. Besides the license costs, manufacturers will also have to do hardware upgrades to their machinery.

As far as upgrades are concerned, banks and credit unions have only 3 options:

  • Replace the ATM’s cores
  • Replace the entire ATM fleet
  • Outsource the ATM fleet

Which method do you think banks and credit unions should take? Leave your opinions down in the comment section below.

idee restoro Still having issues? Fix them with this tool:
  1. Download this PC Repair Tool rated Great on TrustPilot.com (download starts on this page).
  2. Click Start Scan to find Windows issues that could be causing PC problems.
  3. Click Repair All to fix issues with Patented Technologies (Exclusive Discount for our readers).

Restoro has been downloaded by 0 readers this month.

This article covers:Topics: